Porinju talks about IRB Infra, Simplex, Pratibha Industries, Ashoka Buildcon and Sadbhav Engineering.
Unprecedented Infra projects coming up. Explore IRB@220, Simplex@262, Pratibha@37, Ashoka & Sadbhav etc. Look at BS, Exe Capability & Mgmnt.
— Porinju Veliyath (@porinju) February 10, 2016
Below are the prices he told and present prices of the stocks:
Stock | Price when Porinju
Tweeted (10-Feb-2016) |
Current Price
(04-Aug-2017) |
Profit |
IRB Infra | 220 | 222.5 | ~1% |
Simplex | 262 | 287 | ~10% |
Pratibha | 37 | 10 | ~-70% |
Ashoka | 185 | 179.50 | ~-3% |
Sadbhav | 298 | 287 | ~-3% |
Many stocks are down. Reason?
You may like to read my blog: With so many infrastructure projects given why are infra shares down
There are reasons that these stocks didn’t performed well for the last one year but there is a good likelyhood that they will do so soon.
Om Metals
When a stock looks interesting to Porinju, it should surely be on an investor’s radar. Some 2 and a half years back Porinju informed of conference call related to Om Metal infra and since then it has almost doubled!
Om Metal Infra | 35 – Conference Call tomorrow; Looks interesting!http://t.co/TzrlvQ48Xo
— Porinju Veliyath (@porinju) March 10, 2015
GVK Power
As per a recent interview to economic times (dated 28th July 2017), Porinju was asked about his interest on GVK. He has already checked in to this stock. Although the current status of this is not known; but Porinju says that GVK is an IMPORTANT infrastructure company and this makes it a really important for those seeking a good bet on this space.
GMR Infra
In the same interview, the bahubali of share market talked about GMR infra as well. He says that companies like GMR are also providing mega returns kind of opportunities. GMR has made a lot of State-Of-The-Art airports and new ones are lined up. If GMR gets some of these projects, it can do wonders.
Happy Investing 🙂
Featured Image Courtesy: Twitter
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